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WETA 3
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Search Results 0 to 49 of about 75 (some duplicates have been removed)
CSPAN
Feb 11, 2013 5:00pm EST
to provide a voice of the world. last week's european council agreed the overall limit on eu spending for the next seven years, starting in 2014. been agreed in the past, spending has gone up, but last week we agreed that spending should come down. by working with like-minded allies, we delivered a real- terms cut in what brussels can spend for the first time in history. as the house knows, the eu budget is negotiated annually, so what we were negotiating -- initially at the council last november and again last week -- was not the individual annual budgets, but rather the overall framework for the next seven years. this includes the overall ceilings on what can be spent -- effectively, the limit on the european union's credit card for the next seven years. during the last negotiation, which covered the period 2007 to 2013, the last government agreed to an 8% increase in the payments ceiling, to 943 billion. put simply, this gave the eu a credit card with a higher limit, and today we are still living with the results of allowing the eu's big spenders to push for more and more spending
WHUT
Feb 7, 2013 7:00am EST
under one trillion euros, how much money should the european union spend over the next six years? eu leaders are trying to reach a compromise deal on their next budget, but the talks will not be easy at a time of economic austerity. >> how much should a cost to run the european union? that is the question facing -- should it cost to run the european union? that is the question facing leaders today. they want bigger funding to pay for infrastructure projects like this. the french want eu grants to their farmers to be kept high. the countries in the south are struggling with that. they cannot afford any cut in revenue from the eu -- with deb t. they cannot afford any cut in revenue from the eu. northern european nations are close to the uk position. the french suggest david cameron may have to back down a bit. >> a compromise is possible, but we must be reasonable, so we need to reason with those who want to cut the eu budget. >> one of the front lines in the battle of the budget is here at the european union -- european commission. the cost of running the european union is actually a
WETA
Feb 8, 2013 6:00pm EST
have agreed to cut the eu budget. i took more than 24 hours of wall-to-wall negotiations to reach a deal -- it took more than 24 hours. there were major disagreements. one camp was determined to make major cuts, and another was set on keeping up the you put the public spending. austerity one out in the end -- austerity won out in the end. >> keeping his hands in pockets -- all part of the negotiation, but eventually, a deal. countries would contribute most to the budget fought hard to cut costs, arguing that this age of austerity demands nothing less. >> the british public can be proud we have cut the seven-year credit card limit for the european union for the first time ever. every previous time, the multi- year deals have been agreed, spending has gone up. not this time. >> this was always going to be a long stretch. no budget deal is ever easy. it took more than 24 hours of nearly nonstop haggling to produce results -- all too much for some. those who sought to protect certain areas of spending fought their corner hard, but the french president seemed a little downbeat at the e
WHUT
Feb 8, 2013 7:00am EST
's time for business news. jamie has joined me. i know you're watching very closely this marathon e.u. summit, which is all about setting out the budget for the e.u.'s future. aum i think we sometimes tend to see this as being not an open figures, but i think this one is very important because of the possibility they might cut the budget for the first time in their history. in many ways, it's the end of an era, the end of an idea of a limitless expansion of the european union. the events being long and torturous. e.u. leaders have been going through the night as to try to agree as the next seven years, and it looks like a cut could be on the cards. this would be the first time, as i say, in its history. sums of money being proposed according to reports. leaders are closing in on agreement to set spending at around 9 0 billion euros, just short of that figure. some 275 euros a year for every living taxpayer in the european union. a massive 370 billion euros, about 40% of this entire budget, earmarked for subsidies to farmers and a fisherman. that pits them against the nations in south
CNBC
Feb 28, 2013 4:00am EST
year. >>> and the eu moves to clamp down on big paychecks in the banking sector, looking to cap bonuses on a banker's salary as early as next year. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> okay. we're back. you're mobiled up and we have some data. >> yes. it's such a mobile world, isn't it, in many ways. let's first talk about what's happening with the german unemployment figures. we were waiting on these. it turns out 6.9%, that is the unemployment level for germany in january. the unadjusted figure is 7.4%. it's higher than expected. you can see the forecast was for 6.8%. the prior month was revised higher. the rate itself was unchanged. that's a right i think here in london or certainly in the u.s. they wouldn't mind seeing at this point. >> we've created a million private sector jobs. >> in britain? >> yeah. >> well, congratulations. >> there you go. that is the great conundrum, right? >> it's true. the different between -- well, and even with germany. the liesh market social security holding up, despite the sharp contr
PBS
Feb 18, 2013 7:00pm PST
>>> the european union tightened sanctions on north korea. eu foreign ministers say authorities in north korea have endangered security worldwide. leaders followed through on their threats last week and carried out another underground nuclear tests. the ministers expanded. the sanctions also banned the export and import of components that could be used in ballistic missiles including certain types of aluminum. they say they put a satellite into orbit. but western leaders say the north koreans were developing ballistic missiles which can carry a nuclear payload. netanyahu says the fact they went ahead with the tests show sanctions don't work. he says it was proof world leaders should do more to stop nuclear ambitions in another nation, iran. netanyahu told international jewish leaders gathered in jerusalem that embargoes should be coupled with a military threat. >> even tougher sanctions will not stop them. case in point, north korea. have sanctions, tough sanctions, stopped north korea? no. >> israeli leaders believe their counterparts in iran are trying to develop nuclear weapo
FOX Business
Feb 14, 2013 1:00pm EST
to the e.u. blasting the new tax on financial transactions hurting investors worldwide, and you warned me, this is big news. very important. >> it's a developing story. we got the letter here, 11 countries in the e.u. are moving to assess a tax on trades around the world meaning stocks and bonds meaning it could hit your 401(k) account and not know it's happening. the e.u. is in recession, 11 countries want the new tax, and we got the letter coming from the big mutual fund companies, ici, and the big bangs -- banks. they say, look, this is a really bad idea, guys, because, essentially, it's going to hurt investors around the globe. let's go through it. what they say is essentially increased trading costs dramatically reduce financial transactions, diminish liquidity, meaning increased volatility that hurts investors, and it's job killing with historic records of jeblessness around the globe. breaking news, the u.s. treasury talking to fox business, and the u.s. government opposes this new e.u. tax. they do not support it. let's put the statement from the treasury on the screen. the proble
FOX Business
Feb 14, 2013 11:00am EST
: on that note -- dagen: a letter to the eu blasting the new tax on financial transactions because it is hurting investors worldwide. here with more is elizabeth macdonald. liz: it is coming from the financial services round table, the big u.s. bank. they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties. they are worried about treaty protection. also, the big and run that is being talked about at the eu is that traders that assess this tax and do the trades outside that zone, those companies will not be allowed to do any trade transactions with those 11 countries whatsoever. this is serious breaking news for investors all over the world. connell: this would hit
CSPAN
Feb 6, 2013 5:00pm EST
competition and openness in the markets. this is something that is totally in line with the e.u. inspiration of social market economy, and we are lead by, first of all securing the sustainability of public finances in the long-term, including a pension reform, and also looking at the de facto for growth. infrastructures, long delayed in italy, we have simplified the process of building infrastructures and injected in acceleration on those. then the functioning of the markets and that we have introduced more competition for example, in the leader of professions, like to call themselves -- but many pressures to become liberal. and in the separation between gas production and gas distribution, to give you another example. all in the shopping hours and the commerce sector. also a lot of significant indication concerning -- of course this needs to be continued and one issue about the italian elections in which i will not go unless -- here today is which political configuration is more in line with the need to sustain these structures. but i believe that -- not even the largest countries can reall
CSPAN
Feb 25, 2013 5:00pm EST
historic when we accomplish it. that is to start the work on a u.s. e.u. trans-atlantic trade that investment or airship to grow prosperity on both sides of the atlantic. it is no secret that we both faced economic challenges. we all do in this new marketplace, and a global challenge the marketplace. the fact is that europe freestanding aloud is the largest economy in the world and when you join that together with the united states of america, we have a powerful ability to be able to affect the rules of the road and to be able to raise standards and most importantly create jobs for all of our people. europe is already america's largest trading partner. a disagreement will create more jobs for additional investment and nasty note earlier this month, president obama made it clear this is a top priority for the united states. we also discussed the responsibility that we share to support fragile democracies across the world, across the monograph from libya to tunisia and beyond. i say to our friends here in the united kingdom, it is in our mutual interest to see that these fledgli
FOX News
Feb 8, 2013 3:00pm PST
barnes, thank so much. >>> the eu leaders have agreed to a drastically reduced budget. the seven-year deal for 1.28 trillion dollars is the first spending cut in the union's 27-year history. it must still be approved by the eu parliament and lawmakers are already suggesting massive cuts are not acceptable. police in three western states and mexico are still searching for a former lapd officer who was accused of killing three people and threatening dozens more. let's get an update tonight from lapd headquarters and correspondent alicia acuna. >> reporter: because of the heavy snow in the mountains, the air search with the heat seeking equipment they've been using has been grounded. however, officials do say snow on the ground does help them track folks. >> our folks are highly trained. that's what h we train for. >> reporter: the manhunt for christopher dorner carries on despite the snow. >> we're going to continue searching until either we discover that he left the mountain or we find him, one of the two. >> reporter: the last signs of the fired lapd officer were the tracks leadi
FOX Business
Feb 26, 2013 9:20am EST
the eu or china somehow swallowing up every bit of innovation that exists in the world. they're no longer, i think, worried about our -- our economy being overwhelmed beyond our shores. stuart: a little awkward on the timing there and finally, ben bernanke will give his update on the economy to congress today. is he going to keep printing money to make up for the dire spending cuts that could start friday or to protect the economy against europe? what's he going to do? is he going to keep printing money or not? we'll be here right at ten o'clock to find out exactly what he's going to do. it will affect the market. all right, next, we're following up on the big story, the big stock selloff and ask, why do the italians have such a big impact on our money and plus, the governor of kansas, we'll ask sam brownback his push to eliminate the income tax. and i've got good news on housing, too. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webi
FOX Business
Feb 27, 2013 1:00pm EST
against the e.u. imposed austerity and they did it in two forms. they voted down dramatically mario monthty who was the symbol of that as you -- austerity and the e.u. driven reform process. secondly they have voted with incredible, incredible strength and voice the movement of, five-star movement, untie establishment, untie austerity movement that tries to fight the old establishment in italy. ashley: now we have best sawn any from the center-left party who tries to form a coalition government which of seems next to impossible. so does that raise the specter of another election and how soon would that be? >> that is my opinion. my call is that here, the question is not if, the question is when italy will have early elections and i believe because of some institutional delays, as well as current situation, italy could go to new election between six and 12 months from now. i think earlier than six months it is very difficult because of the institutional situation. but bersani has a very difficult job. he already offered a hand to mr. grillo to form a coalition and mr. grillo turned h
FOX Business
Feb 2, 2013 12:00am EST
to see the workers have a 4r*eu6ing wage. >> we know the answer to the question, and if people happily pay more, they wouldn't buy clothes made in china over overseas. i was reporting in the 1990s, for instance, on the buy american movement in american stores where even walmart had a section of american clothes and abandoned it because people did not buy. they bought on price. i mean, it's politically popular. people in polls say i'll do it, but they don't actually vote with their money that way. melissa: in the abstract -- >> especially now. melissa: at the same time, when people say it's not o -- a living wage, even if you work 50 hours a week, you are making $18,000 a year. that's not really enough to live on. the answer is grow the whole economy. >> well, that's true. there's also a couple other answers. the vast majority of people who earn minimum wage are third r fourth earners. they are not heads of households, and they are basically teens and so forth, but in the case where you do have heads of household earnings just that little, wehave other ways of helping them. most importa
ABC
Feb 24, 2013 9:00am EST
. bulgaria is now going to the eu to try to get at least some tougher sanctions on hezbollah through iran because of attempt -- they attempted to kill the ambassador in. >> if the president means what he has said repeatedly and clearly, nuclear iran means war with the united states. the president has said that he does not endorse containment of iran. they will not have, he said, nuclear weapons. if theys can cross that threshold, there must be some red line somewhere that means war with iran. >> there are other options to war. >> the worst possible scenario would be a nuclear-armed iran, think that has to be stopped. >> which the president has pledged to do. >> what he has. i think we need to work in consultation with our european allies to make sure that that doesn't happen. they have been bad players straight-on. they're not negotiating in my opinion in good faith. i think we have to understand that. >> the real question is, what to do? we can talk about this until we're blue in the face. the most painful sanctions imposed on iran are under way right now. they're not affecting their des
FOX
Feb 3, 2013 6:00pm EST
to review by scientists at regulatory agencies. the 2008 e.u. risk assessment for pdcpp using all the best information available concludes that tdcpp gives no reason for concern to human health in relation to the physics chemical properties. couch manufacturers are mandated by law to use it in the foam stuffing. it's a little known law in california known as technical bulletin 17 which says the couch must be able to withstand exposure to a small flame for 12 seconds without igniting. while the regulation applies only to california, manufacturers use it in all the products instead of creating special furniture for the west coast. >> that is what is left after a couple minutes of burning. >> i believe fire retardant is good but they should use other chemicals or safe chemicals that doesn't affect the breathing of other people involved in it. they should find other methods to make the fire retardant safer. >> reporter: there are no warning labels so you don't know what chemicals are inside your couch. >> even if i wanted to make a choice about it, i wouldn't have been able to plaque a choice.
CSPAN
Feb 4, 2013 11:00pm EST
move in a couple of weeks to, i hope, the negotiations on the e.u. budget. .. in the last 12 months, we have come back to the market. can you tell us a little bit more about the structural economic reforms. particularly repairing the banking system, which i feel is the exemption of growth. >> yes, two years ago when the administration was elected, it actually lasted 250,000 jobs for the two years prior to that. reputation is in shreds around the world. our banks are dysfunctional. there is a complete sense of hopelessness and despair and disillusionment. now, gordon was elected with a very keen mind. we have a strategy and a plan that works. the banks are being recapitalize and restructured and have been back in the market as this program began in 2013. there are double-digit figures and our people have had to take really serious challenges. his government made really serious decisions or if it is an example of the government works and understands the patience of people, putting up with these changes in the greater picture of things. now, we expect to do better. but we cannot do without
CSPAN
Feb 22, 2013 12:00pm EST
with asean, singapore, japan and korea. and we're also in dialogue with the eu. we have been talking about a bilateral investment treaty, but not necessarily with a due sense of urgency. for meeting since negotiations started in 2007 does not suggest a great deal of haste. much as it might surprise, we want this as much as you did because it is also of interest to us. ladies and gentlemen, important as they are, market access issues, and goods and services, and i to be seen perspective for they can be made to define narrative. why we must work to sort out these challenges, it is not in our interest to let such issues define the relationship. this is why we have proposed to create an ad hoc clearinghouse mechanism to discuss market access issues in the trade policy forum. i believe that we also need to find a new positive narrative that can bind our countries closer together. one such opportunity i feel is in the energy sector. without a shirt access to energy inputs in sufficient quantities, we will not be able to sustain our economic development. therefore, an enduring in the u.s. partner
CSPAN
Feb 1, 2013 12:00pm EST
in western and north western africa. they are considered or seen by the e.u., france, as the least problematic state of the sierra. the number of youth recruited into al-qaeda so far remains very small, and they attack on soil, lack sophistication. capabilities are extremely limited, and it's affiliated networks are disorganized and weak today. the government's aggressive pursuit and imprisonment pursuit of violence extremists temporarily disrupted the growth, but like other countries, niger, are faced with the challenge of ensuring control over the borders. i mean, mori tan ya shares a long border with mali, 2240 kilometers. it's even more than algeria which it shares 1300 kilometers a border with mali. border management plays a key role in counter in all forms of smuggling and, also, as i said the fighters in northern mali, so they have adopted an aggressive approach to fight violent extremists, more than the neighbors, definitely more than mali. for example, they equipped its airport, three airports with i.t. systems. it has full passport readers, it has built 27 # -- 27 posts t
CSPAN
Feb 21, 2013 1:00pm EST
with the eu. not necessarily with a decent of urgency. it does not suggest a great deal of pace. it may surprise you that we want this as much as you do. ladies and gentlemen, important as they are, services can be seen in perspective " for be made of the defining narrative. while we must sort out these challenges, it is not in our interest to define racial profiling. we will discuss market access issues at the trade policy forum. we also need to find a positive narrative that will bind our countries together. one is in the energy sector. without access to energy inputs, we will not be able to sustain economic development. therefore, an enduring partnership should not only cover technological and regulatory aspects, but established commercial partnerships. as the u.s. becomes a net exporter of energy, we hope we can develop mutually beneficial partnerships. renewable energy, biofuels and emission technologies. in each of these cases, there can be immediate benefits for both sides. you're interested in exporting natural gas and exporting to non fta countries would help stabilize internat
CNBC
Feb 1, 2013 7:00pm EST
about, well, for the moment, the eu -- we have that kind of psychological factor. a healthy private sector. and the problem is what? the problem is government and bad policy. and that's what we have to offset. >> but jim iuorio, i want to know where to invest. do we buy gold, silver, and commodities? do we buy banks, which are lagging a little bit? do we buy industrial cyclicals to play the world boom, if there is such a thing? in other words, how do you invest right now, having passed this 14,000 benchmark? >> well, there's a couple things. first of all, when caterpillar released its earnings it talked about good numbers out of housing. and you stloe in china. you invest in things like copper. you know i still like gold and silver. and today with the green light from the fed i'm still going to stay in things like those. i am in bank of america. i am in health care. i think the stock market looks pretty good. you said before, though, the stock market tends to be a leading indicator of the economy. when the fed pumps in so much money and global banks pump in so much money, i think yo
CSPAN
Jan 31, 2013 8:00pm EST
as a terrorist organization. the second thing, in 2006 you were one of 12 senators who refused to position the e.u. to identify hezbollah as a terrorist group. third, in november of twee, you failed to -- 2003, you failed to vote on a syrian accountability act with sanctions -- occupation of lebanon. four, in 2001, you were one of only two senators that year to vote against renewal of the iran-libya sanctions act. and lastly, in 2001, you were one of four senators who refused to sign the letter supporting israel. are those accurate? >> well, let's start with the -- >> no. i just want to know if the statement -- these are votes that took place. do you agree those votes took place? >> i want to ask the letter that you just noted in your fifth point, what was the date in the letter? >> the date. >> you said i refused to sign letter. >> october of 2001. >> a letter to -- >> ok. skip that one. is the other ones true? >> well, it was fairly important -- >> it's very important. i was holding the letter at the time that we were gathering signatures. >> i see. on the 2008 question regarding designating the
CSPAN
Feb 25, 2013 10:30pm EST
, but not much more than that. the eu is providing non-legal aid, i am wondering if the u.s. is considering this? and if you are ceding influence for the ron. afghanistan has asked u.s. troops to leave the province and i think within two weeks, can we get your comment on that? >> with respect to afghanistan, i understand the concerns they have expressed. appropriately, when a complaint they may have thought to be appropriately evaluated. they will be, i assure you. i have taken appropriate note and i have had a great deal of involvement in afghanistan with president karzai. there are evaluations of how things might have gone wrong or might have changed. we are working on a bilateral security arrangement and this transition process. we have had a very good conversation with the president. president obama talked to him before making announcements. we have listened very carefully to his observations about wanting to speed up the transition with respect to management of security. i can assure you that we are finely attuned to the needs of the afghan people, and the most effective ways to make this t
FOX News
Feb 25, 2013 6:00pm PST
worried, i think about our economy being overwhelmed, either by europe at large, the eu or china somehow swallowing up here bit of innovation that exists in the world and they're no longer, i think, worried about our, our economy being overwelcomed beyond our shores. but, and i don't think there's no, there is he' very little doubt in any circles out there. about america's ability to be in a position to lead the world in the 21st century, not only in terms of our foreign policy, our incredible defense establishment, but economically. >> governor, fewer americans are working, the last quarter the economy just contracted and we've got 50 million americans on food stamps and 6 trillion in new debt. and what alternate university is crazy uncle joe living in here? >> let's just say i wouldn't characterize it the way he said it. the fact of the matter is that most american families have done worse in the obama, quote, recovery than they did during the the recession. and median family income went down $1500 during the the recession itself, and then went down another $2500 during the obama recov
PBS
Jan 31, 2013 5:30pm PST
believe that the sum total of all of your votes, refusing to sign a letter to the e.u. asking hezbollah to be designated a terrorist organization, being one of 22 to vote to designate the iranian revolutionary guard a terrorist organization,eing one of two on two occasions to vote against sanctions that this body was trying to impose on iran, the statements you made about palestinians and about the jewish lobby, all that together. that the image you created is one of sending the worst possible signal to our enemies and friends at one of the most critical times in world history? >> no, i would not agree with that. because i have taken actions and made statements very clear as to what i believe hezbollah and hamas are as a terrorist organizations. >> if you had a chance tomorrow, today, after lunch, to vote to say that the iranian revolutionary guard was a terrorist organization. would you still vote no? >> the reason i voted no to start with... >> well i know why, you told me that. my question is would you reconsider and would you vote yes this time? or would you still vote no? >> times
WETA
Feb 17, 2013 6:00pm EST
cartney in 1995. it's also pleased to have the finest neoclassical building in the e.u., st. george's hall. st. george's was one of the earliest on the scene, and sadly fell into disrepair, but it reopened in april 2007, after a £23 million makeover, and through its refurbished doors pour today's visitors to the antiques roadshow, hoping to impress our experts with their own private treasures. so, how long has it taken you to bring this band together? it took me about 15 years in all. and why did you do it? well, i was fortunate enough to work for a man called tom roberts, who was my father's partner in business, and he was a real wise old sage, and knowledgeable, and he was, um, very much into collecting meissen china. one christmas, i went along to his house, and i saw his collection of monkeys, and i was fascinated by this. i was about 19 or 20. he said, "well, you might as well start your collection with that one." so he gave you this bagpiper? yes, he gave me that, and from time to time, he gave me ones which had duplicates. aha. now, by duplicates, actually, in this case, we've got "qua
CSPAN
Feb 4, 2013 8:30pm EST
. this is something that is totally in line with the e.u. inspiration of social market economy, and we are lead by, first of all securing the sustainability of public finances in the long-term, including a pension reform, and also looking at the de facto for growth. infrastructures, long delayed in italy, we have simplified the process of building infrastructures and injected in acceleration on those. then the functioning of the markets and that we have introduced more competition for example, in the leader of professions, like to call themselves -- but many pressures to become liberal. and in the separation between gas production and gas distribution, to give you another example. all in the shopping hours and the commerce sector. also a lot of significant indication concerning -- of course this needs to be continued and one issue about the italian elections in which i will not go unless -- here today is which political configuration is more in line with the need to sustain these structures. but i believe that -- not even the largest countries can really keep a momento for growth or resume a momen
FOX News
Feb 18, 2013 8:00am PST
asking the e.u. designates hezbollah as a terrorist organization. >> reporter: graham called him one most unqualified, radical choices for secretary of defense in a long time, jenna. jenna: those comments out there. the obama administration not too happy about the comments and the process being held up. what is the administration saying about why it need the new national security team now? >> reporter: keep in mind the smart considering nominations for new secretary of defense. a nominee for cia director. president's new white house chief of staff offered this reminder we live in a dangerous world. >> between john brennan, the cia director and chuck hagel as secretary of defense we want to make sure we have those guys sitting in the chairs working because i don't want there to be something missed because of this hang up here in washington. >> reporter: you won't see action this week due to the president's day recess but capitol hill sources say the hagel nomination will be likely taken up a week from tomorrow. jenna: we'll watch that, mike, thank you. >> reporter: thank you. jon: for more
CSPAN
Feb 27, 2013 7:30am EST
would have thought when some of us voted for just a common market all those years ago that the eu would now be interfering potentially and what benefits we should be paying two romanians and bulgarians before they have made any occupation to our society? is it any wonder people feel disillusioned and callous? but isn't the good news is, who is more likely to vote to give people a genuine choice of a referendum, a liberal or a conservative or eastland? >> well, i'm delighted by my honorable friend managed to slip the point in at the end. i won't urge any i will friends to make their way to support the reelection and the campaign. but the point, the point that he makes is very important, which is we need to look through every aspect of how we welcome people to our country, and make sure why we must to be fair, we must not be a soft touch. so i am making sure we look at our health service, we look at housing, we look at benefits. with that illegally, we look at all other things and make sure proper and tough controls of people who want to come and live here. >> the treasury was required to
CSPAN
Feb 25, 2013 10:00am EST
-- not pipeline, partnership. he announced the united states was ready to begin negotiations with europe on a u.s.-eu trade ownership. we could not agree more. let's hurry up and put american business to work. let's get these deals done. by the way, it is not just about asia. it includes all the coasts of the united states and canada and america. it is fascinating. we need to get this going and move that european deal. the working group is about to put out a report. i think it will probably sustain the best teams we can think about. let me give you this in a minute. europe is in a slow economy. europe is our largest export partner. europe is china's largest export your. china is our fastest growing export partner. if europe goes into the can, the whole triangle goes in the can. that is a bad idea. this would be huge on both sides of the pond. there are a lot of big trade agreements that have been talked about for a long time. these would put cash on the table right now. it is important that we welcome global investment. we want people to bring their cash here. come here and invest or come here and vi
FOX Business
Feb 13, 2013 11:00am EST
friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on capitol hill. rich: president obama pointed out that romney's time as a banker. all of that. also, jack lew's pay at citibank. >> in 2008 i was in employee in the private sector. i was compensated for by work. i will leave for others to judge. rich: that is something that republicans are calling hypocrisy. jack lew is saying he would like to get both individual and business tax reform done. republicans have been floating at the corporate side at 25%. it would be challenging to get there. he would like to, on the individual side, raise some revenue. he says he is looking forward to working with lawmakers on overhauling both the individual and corporate tax codes. something that will probably take an awful long time here. dagen: thank you. rich edson in washington. connell: we have charlie rangel coming up. you probably h
FOX Business
Feb 19, 2013 1:00pm EST
. but that came after mario draghi said growth in the e.u. would not be that great. so that offset each other. then the seaway pipeline story that the oil stuck in cushing, oklahoma, would not get out of there quite as quickly as we hoped. it will take a lot longer. so the refineries in the gulf coast get prepared to refinal the crude. so you have all of that. then you have natural gas. it is getting cold again. natural gas is up on a lot of nuclear power maintenance and increased demand expectations. we're probably getting to a historic low on the gas market. keep your eye on it, tracy. turn your heater up because it is heating up today, 12 cents. back to you. tracy: yes, i keep it a balmy 72 in my house. ashley: you look like that in the studio too. we fight it about it every day. thank you, phil. gas prices are up 13.3% in the past month alone according to aaa. even as oil prices remain pretty much flat in the same period. so what gives? no one better to ask than tom kloza, the chief oil analyst for opis which provides aaa by the way with gasoline data. right from the horse's mouth, he joi
FOX Business
Feb 4, 2013 1:00pm EST
as they are inside the d.c. beltway. they do not want to lose their jobs. if the e.u. implodes they all lose their jobs. they will continue to paper over this thing and try to buy more time. ashley: yeah. tracy: take it back to here at home. let's play this out for people. state of the union comes, market falls off. should i make a shopping list of things to buy when it does. >> yeah. i think that is a real good strategy. we've been fairly constructive. i came in, i got into a slight argument with one of the anchors here coming into one of the fiscal cliffs talking about armageddon. i advised it would not be armageddon. i lived inside the beltway. when push comes to shove the boys and girls typically come together. i think they will do the same thing on the upcoming debt ceiling and sequestration. ashley: so if we do have this pullback after the state of the union, jeff, what sectors or stocks in particular do you like? >> i actually like all the sectors except the consumer staples. a lot of portfolio managers, professional money has been hiding out in the consumer staples because they were
FOX Business
Feb 8, 2013 11:00am EST
in its history. officials say there is a broad framework in place. even if the deal clears the eu, it must also pass the european parliament. the u.s. trade deficit unexpectedly narrowed in december. according to the commerce department, the trade gap fell on the drop of oil imports and hire exports. 16% say they are late at least once a week. the most common excuse is traffic. that is the latest from the fox business network. giving you the power to prosper. ♪ [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. your financial advis should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who thinlike you do. face time and think time make a difference. at edward jones, it's how we me sense of investing. dagen: talk about a recovery. the number of homes sold for $5 million or more hitting a record number in california last year. that is where we find robert gray. in the holl
CNBC
Feb 7, 2013 9:00am EST
. >> now we go into a full eu heads of state summit. it will be interesting to see if that theory about the euro gains further traction. >> let's roll out the red carpet and watch for the arrivals. thanks, simon. let's get to rick santelli in chicago, where we're still talking about your punch bowl this morning, rick. >>> i'll tell you what, it never ceases to amaze me where somebody like mr. rubin could say nobody could have nope, and yet the government singles out s&p. there's more to this story, or maybe there isn't. like i said, you can't fight city hall. one guy always fighting the battle keeping us informed about what may or may not be happening in europe is mark brand, southwest securities. mark, you were just listening to mr. draghi, and many of your comments, along with many traders on this floor, everyone was wondering when a big salvo to lower the value of the euro will be emanating from europe to keep up with the japanese. has that day arrived? >> no, the day hasn't arrived ye. i'll tell you what has arrived. the way the eu works with the 17 people and the 17 countries in th
CNBC
Feb 4, 2013 9:00am EST
of the bulge names in part because of the eu risk is higher in those. how serious do you take a day like today on that front? >> well, our biggest concern really is the continued unstable nature of greece. i think spain and italy will be fine as long as greece doesn't create a chain reaction, which i think it will. and i'm still very concerned about what is going on there. but as you guys pointed out, you know, you came into early 10, early 11, early 12 and felt good, trends were good and the eu kind of put the kibosh on ceo confidence and capital markets activity. i'm concerned about that. >> you seem less worried. >> we're more worried about the u.s. economy. i think what we're seeing now in the marketplace makes sense. we had the megabanks lead the rally late last year. we recently have switched to the regional banks outperforming the megabanks and now we're getting that normal consolidation period which is to be expected. look at the ten-year treasury yield, that's what we say. if above ten for first quarter -- above 2% for first quarter, then earnings estimates will probably go higher. wh
CSPAN
Feb 20, 2013 1:00am EST
sanctions is by legislation, under the legislation, and then we have the e.u. sanctions and others that people follow mandated by the security council. the e.u. seems to be more flexible than we are, so there is operating room there. there is operating room in not putting more sanctions on the table could be helpful as an initial step. that would be important. each one of these the president would have to explain he is getting value, that the europeans to take sanctions off central banks and petroleum. that we could do things that i think are absolutely necessary. we have had a longstanding policy of not sanctioning food and medicine for good reasons, and when i was in the security council, in iraq we made them carefully. that got screwed up in oil for food, and i do not want to talk about that, but that was an example of how things could go wrong. the basis was the right basis and that even in the worst of all possible situations, you cannot punish the population, particularly, for the sins of their leaders, especially if they did not choose the leaders. we have a situation where
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